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US: Wall St opens higher on megacaps boost; earnings, Fed comments

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Published Wed, Apr 17, 2024 · 09:44 PM
    • The S&P 500 opened higher by 17.56 points, or 0.35 per cent, at 5,068.97, while the Nasdaq Composite gained 77.03 points, or 0.49 per cent, to 15,942.29 at the opening bell.
    • The S&P 500 opened higher by 17.56 points, or 0.35 per cent, at 5,068.97, while the Nasdaq Composite gained 77.03 points, or 0.49 per cent, to 15,942.29 at the opening bell. PHOTO: AFP

    WALL Street’s main indexes opened higher on Wednesday (Apr 17) bolstered by megacap growth stocks and as more corporate earnings rolled in, while investors awaited commentary from Federal Reserve policymakers for clues on the state of the economy.

    The Dow Jones Industrial Average rose 150.70 points, or 0.40 per cent, at the open to 37,949.67.

    The S&P 500 opened higher by 17.56 points, or 0.35 per cent, at 5,068.97, while the Nasdaq Composite gained 77.03 points, or 0.49 per cent, to 15,942.29 at the opening bell. REUTERS

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